Planning & Budgeting and Costing Senior Accountant
Ascom -
Maadi, CairoPosted 2 years ago202Applicants for1 open position
- 184Viewed
- 27In Consideration
- 157Not Selected
Job Details
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Job Description
- Prepare financial valuation for potential projects and calculate of (NPV, IRR and Payback Period).
- Prepare yearly budget on a monthly basis and prepare monthly revise for it.
- Prepare monthly and yearly actual Vs. budget variance analysis (rate & Volume).
- Analyzing and presenting the effect of changes in cost on the working capital.
- Calculate all needed financial ratios (Liquidity ratios, Leverage and capital structure ratios, Activity ratios and profitability ratios.
- Providing financial models and forecasting for different managerial decisions.
- Identifying trends in financial performance, providing recommendations for improvement.
- Establishing and evaluating profits plans.
- Preparing financial plan for long term period and updating it by new rates.
- Prepare the yearly standard cost through collecting data to determine cost of business activities such as (Raw material purchases, components and labor …etc.).
- Analyzing the manufacturing cost and cost of goods sold (COGS).
- Following up profitability per customer/product etc. and report on low margin and loss.
- Involve in building strategic financial plan for the organization and prepare monthly variance analysis, and gap analysis to annual budget.
- Prepare Monthly Management Accounts package with full analysis (Revenue, COGS, Operating Expenses and profitability analysis.
- Work with different functions and departments as per the demand planning process to gather all inputs to the demand forecasting cycle.
- Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs to show the variance and provide the management team with the required analysis & indicators to take the right decision.
- Proactive analysis of variances and communicate of issues and opportunities to operations management to reflect the statuesque of costing “Favorable/ Unfavorable Deviation” to help the upper management take the right decision.
- Cooperate with executive management, to run the annual budgets process, long term planning process and monthly rolling-up forecast.
- Make monthly report of contribution margin for each product and each segment and prepare profitability report.
- Manage all procedures of physical count include committee and instructions and documentation and follow up all and make variance reports with reason and make report about committee status.
- Review overhead allocation and revised standard costs as appropriate by evaluating the current month actual results in order to minimize variances.
- Preparing monthly finance reviews including trend of operations & Variation analysis.
- Responsible for Expenses Analysis for both Overhead & Operation, G&L and Marketing Expenses and Make recommendations to CFO & upper management.
Job Requirements
- Years of experience: 4-5 years of Experiences.
- Industrial background is a must.
- Excellent user of Microsoft Excel.
- Very good English language skills.
- Experiences in Odoo preferred.
- High analytical skills.
